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Duplex with Private Lanais

668/670 CHAVERS Street E, Lehigh Acres, FL 33974

For Sale
New
$519,900

ResidentialIncome, Lehigh Acres, FL

Property Size2,400 SF
Lot Size0.29 Acres
Price / SF$216.63
Days on Market1

Property Features for 668/670 CHAVERS Street E

General Information

Property type Residential Multi Family
Property subtype Duplex
Property condition Under Construction
Zoning description RM-2
Bedrooms 3
Bathrooms 3
Full bathrooms 3
Rooms Bathroom 3, Bathroom 1, Bedroom 3, Bedroom 2, Bathroom 2, Bedroom 1
Pets allowed Yes
Exterior features Courtyard
Subdivision LEHIGH ACRES
Lot features Oversized Lot, Rectangular Lot
Directions GPS
Standard status Active
APN 09-45-27-L3-05020.0100
Size 2,400 SF
Lot size 0.29 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description LEHIGH ACRES UNIT 5 BLK 20 PB 27 PG 184 LOT 10
Tax Annual Amount 499
Legal Description LEHIGH ACRES UNIT 5 BLK 20 PB 27 PG 184 LOT 10

Utilities

Sewer type Septic Tank
Heating system Electric (Heating), Central
Cooling system Electric, Central Air, Ceiling Fan(s)
Water source Well
Water front features Canal Access
Water front 1

Building Details

Year built 2026
Number of units 2
Flooring type Tile
Building materials Block, Concrete, Stucco
Roof type Shingle
Architectural style Other
Buildings 1
Listing Agency: Starlink Realty, Inc
Listed By: Melissa Luzardo Perez · License FL #258029407
Added: Nov 13 Last Checked: Nov 13 at 11:06PM
MLS# 2026047758

Copyright © 2026 Florida Gulf Coast Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

Currently under construction, this duplex is planned with two 1,200-square-foot residences, totaling 2,400 square feet of living area. Each unit includes three bedrooms, three full bathrooms, a two-car garage, and a private lanai. Tile flooring, stainless steel appliances, block and stucco construction, and central heating and air conditioning are among the specified features. The property also includes a paver driveway and landscaped grounds on a 0.29-acre lot; the combined area under roof is 3,506 square feet.

The property is on Chavers Street East in Lehigh Acres, near Bell Boulevard, Grant Boulevard, Milwaukee Boulevard, and SR 82. Mirror Lakes Elementary School is approximately 0.3 miles away. Water is provided by a well, and the property uses a septic system.

Key Highlights

  • Two residences, each with 1,200 square feet of living area
  • Both units have 3 bedrooms, 3 full bathrooms, a 2‑car garage, and a private lanai
  • 2,400 square feet of combined living area and 3,506 square feet under roof

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$25,537
Cap Rate
4.91%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$510,740 $510.7K
Cap Rate 7%
$364,814 $364.8K
Cap Rate 9%
$283,744 $283.7K
Market Conditions
NOI Build-Up for 2,400 SF
Gross rent
$38.9K $16.20/SF
− Vacancy
−$2.4K −$1.00/SF
EGI
$36.5K $15.20/SF
− OpEx
−$10.9K −$4.56/SF
NOI
$25.5K $10.64/SF
Area
ZIP 33974
Vacancy
6.17%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$510,740
Cap Rate 7%
$364,814
Cap Rate 9%
$283,744

Alternative Uses

Best Use
Multifamily LT 5
$364.8K
$319.2K – $425.6K (±1% cap)
NOI $25,537 @ 7.0% cap · market cap 4.91%
Second Best
Apartment 5plus
$317.4K
$277.7K – $370.3K (±1% cap)
NOI $22,216 @ 7.0% cap · market cap 4.27%
Theoretical Best
Specialty Retail
$923.9K
$808.4K – $1.08M (±1% cap)
NOI $64,675 @ 7.0% cap · market cap 12.44%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

47
Businesses Nearby

Demographics for 33974, FL

17,233
Population
5,771
Households
3
Avg Household Size
33
Median Age
16%
College-Educated
84%
High-School Grad
22.4 sq mi
ZIP Area
769
Density / Sq Mi
$65,809
Median Household Income
$33,982
Median Earnings
$1,698
Median Rent
$272,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Duplexes in Lehigh Acres, FL

$202 Jul
$201 Aug
$197 Sep
$199 Oct

Properties on Market for Duplexes in Lehigh Acres

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Each residence has a private outdoor lanai, a two-car garage, and contemporary interior finishes.
Where is this duplex located?
The property is located at 668/670 CHAVERS Street E Lehigh Acres, FL.
What is the asking price?
The asking price for this property is $519,900.
What are key features of this property?
This property features: Two residences, each with 1,200 square feet of living area; Both units have 3 bedrooms, 3 full bathrooms, a 2‑car garage, and a private lanai; 2,400 square feet of combined living area and 3,506 square feet under roof
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